Ermenegildo Zegna (ZGN) Expected to Announce Earnings on Friday

Ermenegildo Zegna (NYSE:ZGN - Get Free Report) is expected to release its earnings data before the market opens on Friday, April 4th. Analysts expect Ermenegildo Zegna to post earnings of $0.26 per share for the quarter. Persons interested in participating in the company's conference call can do so using this link.

Ermenegildo Zegna Trading Down 3.6 %

NYSE:ZGN traded down $0.27 during trading hours on Monday, hitting $7.41. 1,333,735 shares of the company were exchanged, compared to its average volume of 672,642. Ermenegildo Zegna has a one year low of $7.07 and a one year high of $14.73. The company has a current ratio of 1.41, a quick ratio of 0.79 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of 13.97 and a beta of 0.69. The company has a fifty day simple moving average of $8.34 and a 200 day simple moving average of $8.29.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ZGN shares. TD Cowen began coverage on Ermenegildo Zegna in a report on Tuesday, February 18th. They issued a "hold" rating and a $10.00 target price for the company. Bank of America raised shares of Ermenegildo Zegna from a "neutral" rating to a "buy" rating and cut their price objective for the stock from $9.40 to $8.90 in a research report on Thursday, January 16th. Finally, BNP Paribas raised Ermenegildo Zegna to a "hold" rating in a research report on Monday, December 2nd.

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About Ermenegildo Zegna

Ermenegildo Zegna N.V., together with its subsidiaries, designs, manufactures, markets, and distributes luxury menswear, footwear, leather goods, and other accessories under the Zegna and the Thom Browne brands. It provides luxury leisurewear for men; formal suits, tuxedos, shirts, blazers, formal overcoats, and accessories; leather accessories comprising shoes, bags, belts, and small leather accessories; and fragrances.